Thailand Business News
Thailand Business News is a comprehensive news service about Thailand with a business and financial perspective edited in Bangkok by Siam News Network
Thailand welcomed 19 million foreign visitors since January
Thailand has seen 19 million foreign tourists from January to September 17, generating 795 billion baht ($22.26 billion) in revenue. The government plans to...
Thai Revenue Department to tax foreign income starting next year
The Revenue Department in Thailand has announced a new policy that will subject residents who earn overseas income to personal income tax if they...
Thailand Grants Visa Exemption to Chinese and Kazakhstani visitors amidst Declining Tourism
Thailand will allow visa exemption for Chinese and Kazakhstani tourists starting from September 25th to increase tourist arrivals. The decision to include Kazakhstan is...
Four major Thai banks will close branches in Laos
Four major Thai banks, including Thai Military Bank, Bank of Ayudhya, CIMB Thai Bank, and Bangkok Bank, have decided to close their branches in...
What the slow return of Chinese tourists means to the tourism industry in Thailand?
Thailand heavily relies on Chinese tourists, who accounted for almost 30% of the total international arrivals in 2019. The COVID-19 pandemic severely impacted outbound...
State Bank of Vietnam Joins Regional Payment Connectivity Initiative
The State Bank of Vietnam (SBV) has officially joined the Regional Payment Connectivity (RPC) initiative, expanding the memorandum of understanding signed by central banks...
Thailand plans to Boost Tourism Revenue by Easing Visa Rules
Thailand's new Prime Minister is looking to increase tourism revenue by easing visa rules and allowing longer stays for visitors from China and India....
Esso exits Thailand after Acquisition by Bangchak Corporation
Esso Thailand, a petroleum company, has been acquired by Bangchak Corporation after ExxonMobil sold its majority stake. As a result, all Esso petrol stations...
